Russia: Smolensk region actively increases export of agricultural products

Published Oct 2, 2024

Tridge summary

The Smolensk Region has seen a robust economic boost, with an 18% increase in foreign trade turnover in its agro-industrial sector, totaling over $800 million in the past eight months. Exports have surged by 35%, with key products like seeds, fruits, cereal crops, and oil and fat products being shipped to countries such as Belarus, China, India, and Egypt. Belarus is the region's primary trade partner, providing 90% of agricultural imports, including dairy, meat, vegetables, fruits, and potatoes. The regional government aims to further support local exporters and strengthen trade ties with Belarusian companies.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Governor of the Smolensk Region Vasily Anokhin spoke about the strengthening of the economy of our region and the active increase in foreign trade turnover in the agro-industrial complex (AIC) in his Telegram channel today, October 1. Thus, over the past 8 months, the volume of foreign trade turnover in the AIC amounted to more than $800 million, which is 18% more compared to the same period last year. Exports have increased by 35%, the head of the region noted. Smolensk enterprises supply seeds, fruit and cereal crops, oil and fat products, etc. abroad. The main buyers are companies from Belarus and other CIS countries, China, India and Egypt. “Traditionally, the leading partner of the Smolensk Region in trade is Belarus. Farmers from the fraternal neighboring state supplied us with dairy and meat products, fresh vegetables, fruits and ...

Source: Zol